by our College Data Analytics TeamHere’s the full picture on paying for Monmouth College, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.
Want a specific number? Skip ahead to any section using the links below:
Published attendance costs at Monmouth College works out to about $55,529.00 per year.
The blocks below show what you would pay with no aid, with average aid, and as a low-income student.
| Tuition and fees | $44,922.00 |
| + Room, board & other expenses | $10,607.00 |
| Total cost | $55,529.00 |
| That is 69% above the national average net price. |
| Total cost | $55,529.00 |
| − Grants and scholarships | −$40,024.00 |
| Net price | $15,505.00 |
| That is 53% below the national average net price. |
| Total cost | $55,529.00 |
| − Grants and scholarships | −$44,674.00 |
| Net price | $10,855.00 |
| That is 67% below the national average net price. | |
| Explore each piece on tuition and fees and room and board. |
Costs have trended upward in recent years by around 2.8% a year, so a full degree will cost more than a single year — the tables below carry that forward. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. Loan figures amortise the projected total over ten years at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 2.8% | 2.8% | 2.8% |
| Freshman year | $11,156.00 | $15,934.00 | $57,066.00 |
| Senior year | $12,108.00 | $17,295.00 | $61,939.00 |
| Total 4-year net price | $46,510.00 | $66,433.00 | $237,922.00 |
| 10-year loan interest @ 6.8% | $17,719.00 | $25,309.00 | $90,640.00 |
| Total monthly payment | $535.00 | $765.00 | $2,738.00 |
| Total amount paid | $64,228.00 | $91,742.00 | $328,562.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 2.8% | 2.8% | 2.8% |
| Freshman year | $11,156.00 | $15,934.00 | $57,066.00 |
| Senior year | $11,464.00 | $16,375.00 | $58,646.00 |
| Total 2-year net price | $22,620.00 | $32,310.00 | $115,713.00 |
| 10-year loan interest @ 6.8% | $8,617.00 | $12,309.00 | $44,082.00 |
| Total monthly payment | $260.00 | $372.00 | $1,332.00 |
| Total amount paid | $31,237.00 | $44,619.00 | $159,795.00 |
See the full net-price breakdown in the Net Price section.
Net price strips out grant and scholarship aid to show what families really pay. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.
| Average net price (on-campus) | $17,133.00 |
| Average net price (off-campus) | $18,034.00 |
The real cost varies by income because need-based aid scales with financial need. Here is the average net price for each family-income range:
| Family income | Average net price |
|---|---|
| Under $30,000 | $12,780.00 |
| $30,000 to $48,000 | $14,353.00 |
| $48,001 to $75,000 | $15,568.00 |
| $75,001 to $110,000 | $18,615.00 |
| Over $110,000 | $22,788.00 |
For a personalized estimate, try the Monmouth College Net Price Calculator, or contact the financial aid office.
Curious how grants and scholarships are distributed? Explore the financial aid page.
The median amount borrowed by graduates of Monmouth College stands at $20,000.00, which the Department of Education classifies as a Moderate ($20-30k) burden category.
The percentile breakdown reveals the full debt landscape:
| Percentile | Debt at graduation |
|---|---|
| 10th | $5,250.00 |
| 25th | $8,750.00 |
| Median (50th) | $20,000.00 |
| 75th | $28,000.00 |
| 90th | $37,500.00 |
The 10th-to-90th-percentile spread is one signal of how variable debt outcomes are across the student body.
Explore borrowing, repayment, and default in detail on the student loan debt detail.
Student debt at graduation is not evenly distributed across income levels. The table below divides borrowers into three income tiers:
| Family income | Median debt at graduation |
|---|---|
| Low income | $20,500.00 |
| Middle income | $17,272.00 |
| High income | $21,750.00 |
Whether your parents attended college is associated with differences in median debt at graduation.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $20,000.00 |
| Continuing-generation students | $19,907.00 |
First-generation graduates from Monmouth College leave with $93.00 in additional median debt versus continuing-generation peers.
The Pell Grant is the largest federal grant for undergraduates from low-income families. Contrasting Pell and non-Pell borrowers shows how need shapes debt.
The median debt difference between Pell-eligible and non-Pell graduates of Monmouth College is $1,000.00. This school is flagged by the Department of Education for Pell-related debt inequity.
The federal default-rate classification for Monmouth College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 5.8% |
To put the rates in context, Stafford loans at Monmouth College total $82,016,808.00 spread across 4,981 student borrowers.
Veteran and active-military students often access dedicated federal aid programs including the GI Bill and Department of Defense tuition support.
| GI Bill recipients | 4 |
| Avg GI Bill amount | $23,830.00 |
Explore GI Bill and military aid in detail on the veterans benefits detail.
Beyond the data above, it helps to ask a few questions when weighing Monmouth College, keep these questions in mind:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.